Petropavlosk

4064 days ago

Guest Post Sam Bottell on Petropavlosk: Jam Tomorrow does not pay the bills

I spent two years working along Sam Bottell as he worked with minesite.com and oilbarrel.com and he is a good, honest and clever chap. Now that he is starting his career freelance writing as well as an organiser of the UKInvestor Show I have no hesitation in helping him along via this blog as a guest contributor. As such I bring to your attention a piece on FTSE 250 listed Petropavlosk. Sam writes...

I wrote bearishly regarding shares in Petropavlovsk (POG) on February 22nd at a then year low of 302.5p.  Since then the gold company has updated investors on growth in its resource base but it is cash flow from production that pays the bills and after a rotten two years for this sector, investors want jam today and not tomorrow.  The shares now trade at 248p.

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